Earlier today President Trump re-emphasized a point he has made previously; with near-zero interest rates, now is the time to consider a $2 trillion direct infrastructure program to rebuild U.S. roads, highways, airports, bridges, tunnels and technology networks.

The U.S. dollar is in high demand as countries and international investors seek the security of U.S. bonds. As a result, the value of the dollar is high – which has the negative impact of making our exported products more expensive.

However, this investment demand scenario provides an opportunity to sell bonds, take investment dollars with near-zero interest, and then use the funding to work on internal economic expansion offsetting the challenges of a high dollar value on exports.

President Trump clarified at his press conference today the objective of an infrastructure bill would be based on real, substantive improvements; and he would not support any investment toward the ridiculous schemes within the green new deal.

Time for the WALL as part of the infrastructure package. This is the financing. Everyone must have a health check prior to entry – how can the Dems object?. This package will finance the wall with Mexico – which will be completed immediately, and the wall with our northern neighbors.

The last question – is it meant to keep them out or us in? (I am a little cynical tonight)

Do you all remember that in August 2017, P. Trump signed an EO to speed up the permitting of infrastructure projects… Then, he made a rough proposal for infra spending, 20% federal, 80% state and local (you know, the people who actually USE those bridges, water systems, et al). Of course, state and localities screamed bloody murder, because they have ruined their budgets, and have no money. They want people in WY to pay for water in Flint, MI, (which is STILL not fixed), just NOT THEMSELVES. I thought it was a pretty fair proposal.

P. Trump also talked a lot about PPP, public-private partnerships. Good idea.

IMHO, we also MUST repeal the racist Davis-Bacon Act, give the taxpayers twice the work for their money, and offer twice the jobs in the process. And NO JOBS TO ILLEGALS OR H1B OR H2B WORKERS… NONE. This will benefit Americans ONLY. I think this will be hugely popular with blue collar workers. Mandatory Everify. Tie funding to deportations of illegals.

If the infrastructure can be issued as revenue-positive projects (like the Golden Gate Bridge), this might be a good thing. And every proposal for pork will eliminate, by percentages, that state/locality’s access to its INFRASTRUCTURE funding. This should keep the Dims from even proposing such porky crap. Pretty soon, CA will have proposed itself out of billions of $$ in funds, and will have to fund those projects itself. More for us, less for them.

With care, and LOTS OF STRICTLY ENFORCED REGULATIONS, this COULD be a winner. Just my 2 cents.

I’m a Trump supporter in many ways, but does he have to sign every pile-of-crap budget that lands on his desk? And now he’s promoting an infrastructure money-grab we can’t afford. The Federal Reserve clearly isn’t independent from the executive branch (this is UNCONSTITUTIONALl) so know we basically have Mr Trump running the $ printing presses. Hyperinflation here we come.

We are returning to a US Treasury-issued currency, AS IS CONSTITUTIONAL. The Treasury is part of the Executive Branch. The Federal Reserve is not even a part of the government. It’s owned by bankers and issues debt money that has a loan against every US taxpayer.

I suggest a little more research. And inflation is not created by dollars alone, there must be velocity of money, passing quickly through the economy. During the Great Depression, the VOM went negative for a couple of quarters. And so it is now.

Over the years I’ve known a lot of people (including many relatives) who lived through all or part of the Depression. Some had fond memories of FDR, some not so much. But what they ALL praised him for was the jobs programs. So from my personal perspective at least, there seems to be near universal agreement how important and effective that was. I’m sure a lot of people here wouldn’t like to see Trump compared to FDR, but I think this is one case where we might want to make an exception.

The problem with comparing Trump to FDR is that time has shown that FDR’s actions in the Depression were terrible and prolonged the Depression. Recovery was delayed and many businesses severely, if not permanently damaged. Some people may have gotten help from his programs, but overall the country did far worse because of him. FDR is protected from criticism, but facts are facts. Had the Depression been handled the way Coolidge handled the depression during his term, it would have ended just about as fast. Coolidge’s depression lasted only about a year, FDR’s went on for about a decade.

First Mnuchin’s ingenious plan, now The Turtle’s wife! this is the kind of IMAGINATION AND INVENTION to WIN THE WAR AGAINST THE INVISIBLE HIDDEN ENEMY!

We need to open for business again! This month we are resetting our Government expenditures by refinancing our debt like a homeowner…yes the principal balance may look larger at the end, but the monthly cash flow will be less!

Zero interest loans! Why limit the borrowing?
Why not borrow an amount far exceeding the national debt (currently $23 Bizillion?) and repay the existing higher interest debt with “cheap” current loans?
That way we could allocate not just another 2 Trillion, but as much as may be needed when that is not enough.

Since we don’t believe in balanced federal budgets and perpetual deficit spending, near zero interest rates should allow our government to borrow enough to make everyone in the country rich…
…or borrow enough to include “undocumented workers”…
…or enough to make everyone in the world a zillionaire…

Eazy peezy…and just like that every one is equal…yeah, that’s the ticket.

…Who cares who benefits, we’d all be rich and live forever and ever… /sarcasm\

The FED was created by and for a handful of powerful people who we now refer to as the Deep State…they have had a very good run for themselves since the early 1900’s and continue to strive for world domination. They continue to thrive today.

The Federal Reserve System is a ponzi – pyramid scheme and will end like all pyramid schemes eventually do – unless it’s owners are allowed to reach their ultimate goal and destroy the rest of the world first.

Definition of Ponzi scheme (Webster’s)
: an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks
First Known Use of Ponzi scheme
1920, in the meaning defined above

History and Etymology for Ponzi scheme
Charles Ponzi †1949 American (Italian-born) swindler

No, the globalists have too much power and will not give it up. There aren’t enough people in power who are against it, let alone understand the threat it is. The Fed will be here for a very long time.

I think the FED will collapse on it’s own rather than be dissolved.
Whether there are powers-that-be that will hasten it’s demise is food for speculation.

When the FED’s usefulness becomes a moot point to even those who currently benefit from it’s existence, it will effectively end. I have no doubts that it will be replaced with something else…then we can debate about whether the replacement is better, worse or the same.

Deciding the likely hood of any of them happening is a part of the wonder of life on this earth. Although I can appreciate: “The more things change, the more they remain the same” I prefer to accept “Things change”.

I have a different view. I think Trump is in the process of paying back the Fake Fed Res System, ie Banking Families. I suggest he has already stated the demolition of the Reserve with the end goal of the Fed ends up with all the liabilities after they take on all the debts. Bankruptcy which trump is King. We start a new system backed by Gold and Silver bye bye Fed & IRS (its collection arm)

If the nation backs its currency with hard assets – i.e.- gold, silver, palladium…..it does not need to buy and sell bonds to “manage” money supplies. Therefore, it does not need a Fed with private bank capital. A nation can manage matters quite well with a run-of-the-mill Treasury Department and its politically appointed hacks.

If the nation backs its currency with hard assets – i.e.- gold, silver, palladium…..it does not need to buy and sell bonds to “manage” money supplies. Therefore, it does not need a Fed with private bank capital. A nation can manage matters quite well with a run-of-the-mill Treasury Department and its politically appointed hacks.

What he is not: He is no longer a real estate developer and hotel magnate. For real estate developers and hotel magnates, debt is a tool. A tool to be obtained and used when necessary for specific purposes at the best interest rate possible, with the certainty the money will have to be paid back and properly serviced in the meantime, or the loan will not be given.

What he is: He is President of the US. The US borrows and has borrowed money with no expectation of ever paying any of it off, and has borrowed money in monstrously huge amounts. Further, the US now primarily borrows money that is manufactured by the Fed and Treasury rather than actual people making and doing actual things. Further, the debt incurred is largely short term debt, not long term debt. There is a big big difference between borrowing $2 Trillion for 1 year and rolling it over at market interest rates and borrowing $2Trillion for 30 years at a fixed interest rate. Short term debt at 0% will last until it doesn’t, and when it doesn’t we are well and truly F*****. This time is not different.

Trump will never “balance the budget.” Trump will never start paying down the debt. Trump will not even reduce the annual federal deficit. Yeah, there will be even more spending, but 0% interest rates as a justification for it is just stupid.

The Fed gave Wall Street 29 trillion in 09. In Sept. 2019, for only the second time in its 107 year history, they opened the spigot to Wall Street AGAIN. How much did Average Joe get from them???
800.00 in 09, 1200.00 in 2020. Privatized gains, socialized loses since its inception.